Rigzone Industry News

'Big Tech has a lot of buying power'.

Two lease areas offered did not receive bids.

BW Energy now owns the Golfinho and Camarupim Clusters.

BMI, a Fitch Solutions company, has revealed its latest global average jet fuel price forecasts out to 2027.

Lease Sale 261 will offer approximately 12,395 blocks on approximately 67 million acres on the U.S. Outer Continental Shelf in the Western, Central, and Eastern Planning Areas in the Gulf of Mexico.

The government is offering $30 million in grants for research on 'environmentally benign' ways to extract minerals from coal.

The Perth Basin discovery showed 20 feet of net gas pay across a 161-foot gross section.

The Bureau of Ocean Energy Management has identified two draft Wind Energy Areas off the coast of Oregon.

BofA Global Research has revealed its latest Brent and WTI oil price forecasts for 2024.

BP has contracted TWMA for drilling waste processing at an oil and gas project in Egypt.